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Turmeric remains up on lower output hopes

Reports of lower output this season triggered the uptrend

Press Trust of India New Delhi
Turmeric futures for April gained Rs 86, or 1.38% to Rs 6336 per quintal in 27,655 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the May contract moved up by Rs 80, or 1.26% to Rs 6,436 per quintal in 8,215 lots.

Prices went up as speculators enlarged positions triggered by reports of lower output this season.

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First Published: Feb 13 2013 | 2:41 PM IST

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